Tag: CBN
Updated: AbokiFX.com suspends Black market Forex quotes
In a long statement on its website on Friday, it said the suspension will hold until it gets better clarity…
FOREX: Why CBN ordered banks to publish names, BVN of defaulters
The Central Bank of Nigeria, CBN has ordered banks to publish the names and BVN of Nigerians who purchased foreign…
Why Naira is losing value: CBN
Adamu explained that the exchange rate was determined by the forces of demand and supply and that there were three…
CBN stops FOREX sale to BDCs, to revoke their licences
Central Bank Governor Godwin Emefiele said the apex bank will not renew the operating licences of Bureaux de Change.
CBN greenlights Dangote, BUA, Golden as sole sugar importers
The Central Bank of Nigeria has designated Dangote Sugar Refinery, Bua Sugar Refinery and Golden Sugar Company as the sole…
Nigeria’s dollar reserves plunge despite $77 oil price
Nigeria's dollar reserves keep going down south, despite the increase in the international price of crude, CBN data shows
SERAP drags Buhari to court over $25b CBN overdrafts
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Abuja to compel…
Buhari dragged to Abuja court over N9.7T loans from CBN
President Muhammadu Buhari has been taken to Federal High Court to give spending details of the N9.7T overdrafts and loans…
CBN moves to resuscitate Enugu’s dead agro factories
Central Bank of Nigeria (CBN), in collaboration with Roche Pharmaceutical Company, is seeking Enugu State Government’s approval to revive moribund…
Ogun focal point for cocoa development – CBN
The Central Bank of Nigeria (CBN) has recognized Ogun state as a focal state in its cocoa development initiative.
Business, Headlines, Top Stories
ICYMI: CBN quietly devalues the Naira
The Naira has now been officially devalued from N379 to N410.25, according to NAFEX rate released by CBN on Monday…
CBN’s Naira 4 dollar scheme extended indefinitely
The Central Bank of Nigeria (CBN) has indefinitely extended its Naira 4-dollar scheme which was scheduled to end previously on…
First Bank saga: Adesola’s reinstatement a reaffirmation of authority
The reaffirmation of Adesola Adeduntan as the Managing Director First Bank by the Central Bank of Nigeria (CBN) is a…
Breaking: CBN sacks all First Bank directors, appoints new ones
The Central Bank of Nigeria, CBN, has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with…
N60bn controversy: CBN’s duty is to print money and lend to govt – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Friday said it is the duty of the…